Baljit Rai Director of Insurance Litigation, Clifford Chance Baljit Rai has over 21 years’ experience of acting in commercial litigation and arbitration disputes in relation to insurance and reinsurance matters, specialising in advising insureds on policy wordings and policy coverage issues. Baljit has particular specialisation in and regularly advises a number of major banks and other financial institutions on the use of credit insurance as a credit risk mitigant under the Basel Accords and the Capital Requirements Regulation.